East Africa Exchange (EAX) is a commodity exchange

Done Technologies

DONE TECHONOLOGIES

South African based company that deployed Electronic Warehouse Receipt system (EWRs). The electronic warehouse receipt (EWR) is an electronic representation of a physically-stored good at an EAX warehouse. The collateral manager's guarantees on the quality, quantity, grade, and ownership of the underlying physical commodity. The system allows EAX to issue and guarantee an EWR to farmers cooperatives and traders in the region.